CEEZER Attracts €10.3 Million in Series A Funding to Expand Global Presence and Advance Carbon Credit Portfolio Management Solutions
With the funding, we can extend our global footprint and enable more companies to proficiently manage their carbon credit portfolios, optimize climate impact, and ultimately deliver on ambitious climate strategies.
CEEZER LEADERSHIP TEAM (PHOTO CREDIT: CEEZER)
CEEZER has announced securing €10.3 million in a Series A funding round for its carbon credit platform. Companies dealing with carbon removal and reduction complexities often struggle to choose and purchase credits aligned with emission targets due to varying standards, inconsistent credit quality data, and significant price differences. CEEZER addresses these challenges by providing a professional toolkit for managing carbon credit portfolios, offering direct access to high-quality projects.
Leveraging over 3.5 million data points and employing scientific, AI-driven, and peer-reviewed methodologies, the platform enhances transparency in quality, risk, and impact differences among projects. Currently serving over 50 corporate customers, including Siemens and Zooplus, CEEZER collaborates with over 150 project developers to contribute to the goals of a net-zero economy.
Magnus Drewelies, founder and CEO of CEEZER, considers the funding pivotal for the company's progress, stating, “With the funding, we can extend our global footprint and enable more companies to proficiently manage their carbon credit portfolios, optimize climate impact, and ultimately deliver on ambitious climate strategies.”
HV Capital led the funding, supported by existing investors Norrsken VC, Picus Capital, and Carbon Removal Partners. David Kuczek, General Partner at HV Capital, emphasized CEEZER's role in architecting key infrastructure for the voluntary carbon market, praising its unmatched transparency and streamlined transactions. He highlighted CEEZER's emergence as the prime platform for corporate carbon buyers seeking high-impact portfolio compensation solutions.
CEEZER plans to use the funds to establish its presence in the US, enhance its team, and elevate service excellence for a growing customer base. The company also aims to introduce additional carbon financing solutions for corporate buyers and project developers to facilitate investments in large, multi-year portfolios.
